Exxon Mobil Stock Price, News & Analysis

Imperial Oil (NYSE American: IMO) has declared a quarterly dividend of 72 cents per share for the third quarter of 2025, maintaining the same dividend amount as the previous quarter. The dividend will be payable on October 1, 2025, to shareholders of record as of September 4, 2025.

As Canada's largest petroleum refiner, Imperial Oil highlights its remarkable track record of paying dividends for over a century, with 30 consecutive years of dividend increases. The company maintains its position as a leading player in Canada's petroleum industry, focusing on technology and innovation in energy resource development.

Imperial (NYSE:XOM) reported Q2 2025 net income of $949 million, down from $1,133 million in Q2 2024. Cash flows from operating activities were $1,465 million, with upstream production reaching 427,000 gross oil-equivalent barrels per day, marking the highest second quarter production in over 30 years.

Key operational highlights include Kearl's record second quarter production of 275,000 total gross oil-equivalent barrels per day and the completion of Canada's largest renewable diesel facility at the Strathcona refinery. The company announced plans to accelerate its share repurchase program to complete the buyback of up to five percent of outstanding shares before year-end, while maintaining a quarterly dividend of $0.72 per share.

Refinery throughput averaged 376,000 barrels per day with 87% capacity utilization, while petroleum product sales increased to 480,000 barrels per day, supported by the Trans Mountain pipeline expansion.

ExxonMobil (NYSE:XOM) reported Q2 2025 earnings of $7.1 billion ($1.64 per share), with cash flow from operations of $11.5 billion. The company delivered $9.2 billion in shareholder returns, including $4.3 billion in dividends and $5.0 billion in share repurchases, maintaining its plan for $20 billion in buybacks this year.

Key operational highlights include achieving the highest second-quarter Upstream production since the Exxon-Mobil merger, reaching 4.6 million oil-equivalent barrels per day, with record Permian production of 1.6 million barrels. The company has delivered $13.5 billion in structural cost savings since 2019 and commenced operations of three major projects: Singapore Resid Upgrade, Fawley Hydrofiner, and Strathcona Renewable Diesel.

Year-to-date earnings reached $14.8 billion, down from $17.5 billion in H1 2024, primarily due to lower crude prices and weaker refining margins. The company maintains a strong balance sheet with industry-leading debt-to-capital ratio of 13% and expects full-year capital expenditures of $27-29 billion.

ExxonMobil (NYSE:XOM) has responded to an International Chamber of Commerce (ICC) Tribunal ruling regarding its contractual dispute with Hess Corporation over interests in the Stabroek Block offshore Guyana. While disagreeing with the ICC panel's interpretation, ExxonMobil stated it respects the arbitration process.

The company defended its previous position on preemption rights, citing its duty to protect value created through their development of Guyana resources. Despite the ruling, ExxonMobil expressed willingness to work with Chevron as the new venture partner, maintaining focus on continued performance and value creation in Guyana.

Imperial Oil (NYSE American: IMO) has announced its upcoming 2025 Second Quarter Earnings Call, scheduled for Friday, August 1. The call will be hosted by Chairman, President and CEO John Whelan along with VP of Investor Relations Peter Shaw.

The event will commence at 9 a.m. MT following the morning's earnings release. A live webcast will be available, with Mr. Whelan providing opening remarks before taking questions from covering analysts. The webcast recording will remain accessible for one year on Imperial's website.

ExxonMobil (NYSE:XOM) has scheduled the release of its second quarter 2025 financial results for Friday, August 1, 2025. The earnings announcement will be available at 5:30 a.m. CT through a press release on the company's investor relations website.

A live conference call will be held at 8:30 a.m. CT, featuring key executives including CEO Darren Woods, CFO Kathy Mikells, and VP of Investor Relations Jim Chapman. Investors can access the presentation via webcast or by calling the provided toll-free and local numbers.

Imperial Oil has received TSX approval for a new normal course issuer bid (NCIB) to repurchase up to 5% of its outstanding common shares, or approximately 25.4 million shares, over the next 12 months starting June 29, 2025. The company will purchase shares through the TSX and alternative trading systems in Canada, with a daily purchase limit of 217,077 shares. ExxonMobil, which owns 69.6% of Imperial, will participate to maintain its ownership percentage. This follows the completion of Imperial's previous NCIB program in December 2024, where the company purchased the maximum 26.8 million shares at an average cost of $100.06 per share, totaling about $2.68 billion.

ExxonMobil (NYSE:XOM) warns shareholders against an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 1 million shares (0.023%) of XOM common stock at $100 per share. The offer price is significantly below market value, being 4.1% lower than the June 6, 2025 closing price and over 10% below current trading levels. ExxonMobil emphasizes it has no association with TRC or this offer, which expires on July 10, 2025. The company highlights that mini-tender offers (seeking less than 5% of shares) avoid many SEC disclosure requirements and investor protections. Shareholders who have already tendered shares can withdraw them before the expiration date, and ExxonMobil recommends that shareholders reject the offer and take no action.

ExxonMobil (NYSE: XOM) has announced that Senior Vice President Jack Williams will participate in a fireside chat at the upcoming JP Morgan Energy, Power, Renewables & Mining Conference. The event is scheduled for June 24, 2025, at 8:35 a.m. ET in New York. Investors and interested parties can access the live webcast through the event page, with an archived audio recording becoming available on ExxonMobil's website approximately 24 hours after the event.